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Gold/Mining/Energy : Ballad Ent.;BDC.Vancouver

BDC 118.43

-0.3%

12:59 PM EST

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To: arizona_ice_tea who wrote (81)	5/21/1998 11:51:00 AM
From: arizona_ice_tea	Read Replies (1) of 107

Las Princesas Road Construction BALLAD ENTERPRISES LTD ("BDC-V") - Las Princesas Road Construction Anthony J. Beruschi, President of Ballad Enterprises Ltd., reports that further to the Company's News Release dated April 29, 1998, Ballad Enterprises Ltd. is pleased to announce that drill access road construction on the Las Princesas silver/gold property is ahead of schedule. To date, more than 60% of the road has been completed. Current road construction is focused on drilling and blasting over a 100 metre rock outcrop. This is the only drilling and blasting required, and will be completed shortly. In addition, two of the ten platforms required for Ballad's upcoming reverse-circulation drilling program have been constructed. Ballad's geological staff has selected 10 drill targets on the Las Princesas property based on the results of previous detailed geological mapping and sampling programs. The Las Princesas concession is part of a northwest structural trend which includes Pan American Silver's Quiruvilca mine and the Tres Cruces project, a joint venture of Pan American Silver and Oroperu Resources. A similar trend 25 kilometres east includes Cambior's La Arena project and Gitennes' La Virgen de Fatima project. TEL: (604) 682-7159 Anthony J. Beruschi, President FAX: (604) 669-5886 TOLL FREE: 1-888-880-2288 INTERNET: canvest.com ______________________________________ (c) Corporate Dissemination Services Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041.

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